UrBC, Yekaterinburg, November 24, 2016. New, up-to-date resource-accounting systems to control electric power, natural gas, and water spending were installed at Ural Vagon Zavod Corporation’s Chelyabinsk Tractor Plant (ChTZ) at the corporation’s Director-General Oleg Sienko’s initiative, the company press service reports. ‘We looked at other member enterprises’ experience with these before switching to new systems ourselves. The results were better than expected, so we are absolutely confident about the economic benefits to come. The power meters’ data get transferred to our dispatcher’s

UrBC, Yekaterinburg, November 24, 2016. Ural Vagon Zavod Corporation’s Board of Directors unanimously adopted the corporation’s development strategy for 2017-2025, the holding’s press service reports. ‘Our adopted strategy is based on several key development components: improvements in our management system; increase in sales; leadership in innovation and military and transport machine-building, with at least a 75% share of innovative goods in the company’s overall output; new partnerships in R&D, production, and sales; improvements in operational efficiency; increase in labor

UrBC, Yekaterinburg, November 24, 2016. Sinara Transport Machines’ Kalugaputmash started making new UGP1200TV1 hydraulic drives in November, Sinara Group’s press service reports. The new equipment was designed at the plant for upgraded TGM8KM locos made at Sinara Transport Machines’ Lyudinovsky Locomotive Plant for Ferrocarriles de Cuba. The universal, 1,200-horsepower-strong UGP1200TV1 has improved technical and resource-spending parameters and is suitable for humid tropical climates. Under the terms of their current contract, Sinara Transport Machines have to supply 60 TGM8KM locomotive

UrBC, Yekaterinburg, November 24, 2016. Federal Grid Company United Energy Systems recently launched a new chemical analysis laboratory at its 220 kilowatt Urengoi Substation in Yamalo-Nenetsky Autonomous District, the company press service reports. The new lab is expected to improve the diagnostics oil-filled equipment from the company’s five substations in the Polar North and the Subarctic and is fit to carry out over 500 physical and chemical tests every year. The lab analysts test and control the condition of circuit-breaker oil, insulators, adsorbents, battery electrolytes, and distilled

UrBC, Yekaterinburg, November 24, 2016. The number of apartments available for long-term rent in Yekaterinburg has gone down by 42%, from 2460 to 1,420 since the start of the year, N1.RU’s estate market analysts’ research findings indicate. The web portal’s press service reports the overall market supply dropped by 45% against last year, with the low hit in September, when only 1,080 apartments were on offer. The average monthly rent amount went down by 2% to 4% and currently comes to 19,300 RUR. ‘The shrinking supply probably has to do with the fact that increasingly fewer new and existing

UrBC, Yekaterinburg, November 23, 2016. Lastochka ES2G, a high-speed electric train with integrated Russian components and systems, got certified for compliance with the Customs Union Technical Regulations. A special certificate was also issued for the high-speed train bogie also designed and produced at the same plant, Sinara Group’s press service reports. ‘The Interdepartmental Design, Development, & Testing Assessment Committee met at Ural Locomotives in October. The committee comprised representatives of Russian Railways, Ural Locomotives, railway industry-related research institutes,

UrBC, Yekaterinburg, November 23, 2016. Sinara Group’s Sinara Development completed the construction of the first section in its Peremena set of apartment buildings. The commissioning permits for buildings 8 and 6 in Evgeny Savkov St were issued on November 11, 2016, so the new home owners are currently picking up their keys, Sinara Group’s press service reports. These are two buildings of varying height (five to twenty-five storeys) with an underground parking lot. There are 769 apartments with different types of layouts all in all. Sinara Development’s Director-General Timur Ufimtsev says

UrBC, Yekaterinburg, November 23, 2016. EVRAZ Holding’s Kachkanar Ore Mining & Processing Enterprise keeps working on its Severny Mine in order to increase its ore output to 30,000,000,000kg a year, EVRAZ Holding Ural’s press office reports. For one, an up-to-date tire changer was introduced at the vehicle department to replace the tires of 130-ton BelAZ trucks. The time it takes to change one tire (2,200kg each) has by now shrunk by three times. The tire changer is fitted with a special security system that blocks the unit automatically in case anything goes wrong. The vehicle department

UrBC, Yekaterinburg, November 23, 2016. The rating agency Fitch Ratings recently affirmed SKB-Bank’s long-term rating at B-, with Stable Rating Outlook. According to the agency, this has to do with the bank’s improved retail lending performance, the bank’s press service reports. SKB-Bank’s loan book is seen as being of better quality than one year earlier, mostly because the bank is now focused on more solvent customers and those with a good credit history at the bank. As a result, the bank’s profit margin rose considerably in the first half of 2016 against the year 2015. Fitch Ratings

UrBC, Yekaterinburg, November 23, 2016. Sverdlovsk Region intends to make 761.84m RUR in privatization revenues this year and 6.44m RUR in 2018 and 2019 each, the pubic property management report for 2017-2019 states. At the same time, no profit is expected to result from the sale of shareholdings owned by Sverdlovsk Region in the two years to come. The constituency expects to make money only through handing publicly owned buildings and heating, water supply, and power facilities over to private proprietors. No new decisions on getting public property privatized are expected to be made in

UrBC, Yekaterinburg, November 22, 2016. Ural Vagon Zavod Corporation’s Omsktransmash has been making increasingly more metallurgical produce in the last three years, the company press service reports. ‘Omsktransmash started making a whole range of new products in the last few years. The plant used to get a lot of orders for castings such as railway crossing clamps, couplers, and cross arms (fifteen different types of products altogether), but now the demand for these is down and we had to focus on manganese steel castings. These make up 90% of our output at the moment, whereas the remaining

UrBC, Yekaterinburg, November 22, 2016. Ural Vagon Zavod Corporation’s head plant keeps testing EO 41211A, its new crawler-mounted excavator, the company press service reports. The standard tests (500 hours of real-life conditions performance) are meant to help assess the need for structural or manufacturing process adjustments that could improve the product’s technological parameters. ‘Ural Vagon Zavod’s excavator has already passed the first testing stage successfully by excavating clay material from a mine. The vehicle is now used at a construction site in Nizhniy Tagil, extracting some

UrBC, Yekaterinburg, November 22, 2016. Albert Yamaliyev’s team of miners from EVRAZ Holding’s Raspadskaya Coal Company’s Alardinskaya Mine has produced 2,000,000,000kg of coal at Coal Mining Section 1 (section head: Valeriy Kuznetsov; mechanic: Victor Volodin) since the start of the year, EVRAZ Holding Siberia’s press service reports. ‘There is some shortage of met coal on both the national and the global markets at the moment. To make sure the metallurgical industry’s needs are met, we need to maintain stable, productive, and emergency-free work performance. Alardinskaya miners do very well

UrBC, Yekaterinburg, November 22, 2016. Siemens and Sinara Group’s joint venture Ural Locomotives’ Lastochka Premium ES2GP Train went on a demonstration trip from Yekaterinburg to Tyumen and back on November 17-18, 2016, Sinara Group’s press service reports. It takes the train 3 hours and fifteen minutes to get from Yekaterinburg to Tyumen (or back), which is one hour faster than the shortest connection currently on the train schedule, with average speed at 150 km per hour. ‘The new electric train was displayed to Tyumen Region Duma deputies on Sverdlovsk Railways Day. Deputy Chair of Tyumen

UrBC, Yekaterinburg, November 22, 2016. Sinara Group’s Sinara Development, the general contractor for the reconstruction of Yekaterinburg Central Stadium in time for the World Cup 2018, is now busy connecting the stadium’s internal and external roof rings. Sinara Group’s PR Center reports the first connecting support beam (height: 31m; weight: 10,000kg) has been installed next to the northern stand. ‘In order to make the transportation of such a bulky structure easier, the beam was originally made of two equally large parts that were then assembled and welded together right on the

UrBC, Moscow, November 21, 2016. Yekaterinburg’s Akademichesky District is now No.1 on Russia’s Top20 housing projects list according to Kommersant-Nedvizhimost, RSG Abademicheskoye’s press service reports. The entire quarter was estimated to have required $12bn in investments, which comes to nearly one-fifth of the amount that is expected to be invested in all the projects on the top twenty list altogether. Akademichesky is also almost 1.5 times more expensive than Bolshoye Domodedovo in Moscow Region, which comes next on the list. The plan is to put up 9m m2 worth of housing and over 4m m2

UrBC, Yekaterinburg, November 21, 2016. Ural Airlines celebrated its first ten years of using Airbus liners on November 18, the air carrier’s press service reports. The airline’s first A320 liner in company colors landed in Koltsovo Airport ten years ago on November 18. ‘This was the start of a new era for Ural air travel. We embarked on our fleet renovation program that is still in progress today. Ural Airlines are only using airplanes supplied by Airbus and have bought thirty-seven of them since October 2011. We are going to buy four more next year, which means there’ll be forty-one

UrBC, Yekaterinburg, November 21, 2016. Representatives of the Cuban company Energoimport and Russia’s Inter RAO Export came to Ural Vagon Zavod Corporation’s Chelyabinsk Tractor Plant (ChTZ Uraltrac) to hold negotiations on future cooperation and take a look at the plant’s produce and potential, ChTZ Uraltrac’s press service reports. The two companies are getting ready to start a large-scale construction project in Cuba that will result in four power-generating units (total capacity 800MW). During their meeting with the plant’s director Vyacheslav Yumatov, the visitors explained the funds

UrBC, Yekaterinburg, November 21, 2016. Ural Vagon Zavod Corporation and the Russian Defense Ministry’s R&D and Advanced Technologies Department signed a cooperation agreement. According to the corporation’s press service, the paper was signed by the corporation’s Director-General Oleg Sienko and the department’s head Alexander Mironov. ‘The agreement dwells on the two parties’ scientific research and technological cooperation, namely, exchange of scientific and technological data, joint research projects, and carrying out experiments,’ the press service says. Also, the plan is to keep

UrBC, Yekaterinburg, November 21, 2016. Russian Copper Company’s Chelyabinsk Region-based assets (Mikheyevsky Ore Mining & Processing Enterprise, Aleksandrinskaya Ore Mining Company, Karabashmed, and Kyshtym Copper Electrolysis Plant) made 6.257bn RUR in net profit in nine months of 2016. Mikheyevsky Ore Mining & Processing Enterprise made 13.121bn RUR in revenues and 2.976bn RUR in net profit; Karabashmed made 6.925bn RUR in revenues and 2.094bn RUR in net profit. Kyshtym Copper Electrolysis Plant made 848.7m RUR in net profit and 8.275bn RUR in revenues. Aleksandrinskaya Ore Mining